Another Shakeup at Ford

[Joeiconic]

true, the p/e is very low at around 8 , GMs is lower , Tesla is an absurd 175, shares are $844 off the high of $1243 . Is Ford a buy - some analyst think so, but I stay away from auto stocks.

Ford was $13 five years ago, $18 today. Only institutional level investors are making any money on Ford. I’ll stick to buying their trucks.

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[Motorpsychology]

I read it twice and I still don’t know what Mr Jim said…. ?

He said, "We got the future all figured out but in the present, we can't hit our Oval ass with both hands."

 

[P. A. Schilke]

true, the p/e is very low at around 8 , GMs is lower , Tesla is an absurd 175, shares are $844 off the high of $1243 . Is Ford a buy - some analyst think so, but I stay away from auto stocks.

Hi D,

Many years ago, Ford had a Savings and Stock Investment Plan and Ford contributed $0.60 per dollar for the first 10% of employee deposits...And it was in Ford Stock... Then Feds ruled that was not allowed...employees could direct where the 60 cents went... I elected non Ford Stock... Then Ford switched to Fidelity with their vast array of funds... I dumped all my Ford stock at around $30 a share on Fidelity Contra and Magellan among other funds. Many of my peer group where in fat city with Ford Stock until the bottom fell out and Ford was in the penny stock range. These folks suffered sever loss, many from which they never recovered financially. I did great in comparison...
Never put 100% of your savings in the company for which you work is what my Financial Advisor advised me.... It worked for me and I am fat, dumb and happy....

best,
Phil

 

[Ranger X3]

Ford was $13 five years ago, $18 today. Only institutional level investors are making any money on Ford. I’ll stick to buying their trucks.

Hell, I remember $7 a share! Hoping to use X plan for a Raptor. I’ve been a share holder for over 10 years, one heck of a bumpy ride.

 

[RangerRob]

Ford was $13 five years ago, $18 today. Only institutional level investors are making any money on Ford. I’ll stick to buying their trucks.

Was down to $4 ish when the bailout helped GM, Ford was a great buy at that price.

 

[AzScorpion]

Was down to $4 ish when the bailout helped GM, Ford was a great buy at that price.

It was down under $2.00/share after the crash on '08. I'm still kicking myself for not buying up a bunch then.

 

[P. A. Schilke]

Hell, I remember $7 a share! Hoping to use X plan for a Raptor. I’ve been a share holder for over 10 years, one heck of a bumpy ride.

Hi Mathew,

When I dumped my Ford stock...somehow I ended up with 3/5 of a share of Ford Stock...so I decided to just keep it. I got tons of paper from Ford until just a few years ago when Ford sent me a note that they were not going to deal with it and sell it off and give me the cash with tax consequences or I had to increase to 100 shares. So I let them sell it off and I got enough money to buy a cup of coffee at Mama's Kitchen in the strip mall....

Best,
Phil

 

[DakotaGuy]

"its own company" and a "division" of Ford are the same thing. Its a company but its always under the Ford umbrella. Like Lincoln.

A division means it's still owned and controlled by Ford Motor Company. Splitting it into it's own legal entity which has separate corporate ownership stock and control "its own company" is completely different.

 

[khyros]

Hi D,

Many years ago, Ford had a Savings and Stock Investment Plan and Ford contributed $0.60 per dollar for the first 10% of employee deposits...And it was in Ford Stock... Then Feds ruled that was not allowed...employees could direct where the 60 cents went... I elected non Ford Stock... Then Ford switched to Fidelity with their vast array of funds... I dumped all my Ford stock at around $30 a share on Fidelity Contra and Magellan among other funds. Many of my peer group where in fat city with Ford Stock until the bottom fell out and Ford was in the penny stock range. These folks suffered sever loss, many from which they never recovered financially. I did great in comparison...
Never put 100% of your savings in the company for which you work is what my Financial Advisor advised me.... It worked for me and I am fat, dumb and happy....

best,
Phil

Sound advice. I know that when I was getting my MBA, that was one of the things that was just a complete eye opener to me (that and that your company has no loyalty to you anymore, so you should not feel any loyalty to them). I grew up listening to my dad, who's retirement was all invested in the company he worked for, and with the entire mantra about how you know the company you work for best. So when the MBA talked about how that was one of the stupidest things to do, I was instantly drawn into the conversation. The premise of the argument is that if your company was to tank, you'd end up losing your job and your savings. This was an additional risk that you were signing up for, with no additional return associated with said risk. Therefore, it's not a sound financial investment.

 

[GTGallop]

I think it would be awesome if Model e followed the Telsa direct sales model. Scamming dealers would be so pissed.

Wife is getting ready to buy her next car. She wants the GR Supra 3.0 (A-91 CF edition if we can swing it - only like 500 being made). Finding one, just a 3.0, on the dealers lot is almost impossible and dealing with the salesmaen is a real joy. Used prices are going for higher than brand new prices.

So we have decided to order. The car costs more than we want to pay and have to compromise on for color and features.

She starts to investigate and it turns out you can buy the damn thing directly off the Toyota website, pick a dealer to get it shipped to, and boom - done. Our daughter is off to Taiwan for the summer so we'll be selling her car then and giving her the wife's Mustang. That way we have one less driver in the house for the summer, one less car taking up space, and can use the sale proceeds to pay on the Supra. Then by the time the Supra is delivered the daughter will be back and off to school. Would be sweet if it works out that way.

But yes, ford would be wise to push to a business model that allows for that.

 

[wanted33]

Brother mine fell off last October when they announced the allocation system. Now I really don't even think about it all that much and I have my Jeep which is so far giving me the same experience that I wanted from a Bronco. My friends wife has a first day reservation for a fully loaded 2dr Badlands, I mean every single option you can add and still nothing. She's number 3 on their dealers list just behind the owner and GM and they know the owner well and have bought many vehicles from them.

I'm curious to see what they're going to do next year with the price protection when all the orders aren't fulfilled? I keep thinking of getting my $100 deposit back but what the heck it's only another year.

Apparently that's anopther source of problems. It appears (and not unexpected) that there are some dealers out there that don't know the process for the reimbursement of the price protection. So, there's another mess we're in for now.

 

[Apples]

What are the odds, that Ford will soon set the sun on Lincoln? At least as we know it. GM has openly stated, that Caddy will become their flagship electric division. Ford might as well follow suit.

I don't wish to sound like a nay-sayer, but I'm just waiting for the energy crunch to hit. The US is already heading for a shortage of electrical power. Even if the fed green lighted new power plants (atomic or natural gas), it would take 20 plus years to get one built. In the mean time, what will all of the electric vehicle drivers be doing with their vehicles?

Whether we like it or not, our dependency on fossil fuels, will continue many years into the future.

Side light: Back in the early 70s, when the first oil embargo started, and the hippies wanted us to stop producing coal, the mining industry had a slogan. It appeared on bumper stickers, billboards, and in the media. To wit: "Let the bastards freeze in the dark"! Let's not forget!

 

[dtech]

It was down under $2.00/share after the crash on '08. I'm still kicking myself for not buying up a bunch then.

Tesla's IPO was under $5.00 /share in 2011 , stock split and was selling for over $1200 a few months back. That's an impressive ROI. Of course if you like Ford as a company I guess you might be happy with an investment made after 2008 but in comparison to the return of thousands of other stocks post crash - it doesn't really move the needle.

 

[got3fords]

Ford dealers aren't the only ones doing ADMs. A friend told they went to buy a new Chevy truck and the dealer told him that because he lives outside of the city limits of the city the dealer located in, the truck would cost him $10k more than the price they had the truck listed for on their website.

Ok, I thought I could deduce what ADM's are by the context, but nooo. What are ADM's?

 

[AzScorpion]

Ok, I thought I could deduce what ADM's are by the context, but nooo. What are ADM's?

Additional Dealer Markup = Robbery!

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